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eBay profits rise despite ‘challenging quarter’

July 17th, 2014 (0)
Online retailer eBay reported profits of $676m (£395m) during the period from March to June, beating analyst expectations. Shares in the company were up by more than 1.5% in trading after the US stock market closed. Although revenue grew ...

‘Bitcoin Jesus’ Calls Rich to Tax-Free Tropical Paradise

June 16th, 2014 (0)
He’s known as Bitcoin Jesus in the world of cyber-currencies. Though he can’t promise you heaven, he is offering a haven: a condo in the Caribbean that comes with a new passport and almost zero taxes. Meet Roger Ver, ...

Wall Street Finds New Subprime With Brokers Pitching 125% Loans

May 22nd, 2014 (0)
Doug Naidus made his fortune selling a mortgage company to Deutsche Bank AG months before the U.S. housing market collapsed. Now he’s found a way to profit from loans to business owners with bad credit. From an office near ...

eBay makes users change their passwords after hack

May 22nd, 2014 (0)
Online marketplace eBay is forcing users to change their passwords after a cyber-attack compromised its systems. The US firm said a database had been hacked between late February and early March, and had contained encrypted passwords and other non-financial ...

Stocks: Federal Reserve to the rescue?

April 28th, 2014 (0)
Janet Yellen and economic data are poised to steal the business spotlight from Corporate America this week. After a bonanza of corporate report cards dominated recent headlines, investors will likely refocus on the state of the U.S. economy and ...

Code red: Stocks tank on Wall Street

April 11th, 2014 (0)
Investors might have used Wednesday’s rally as a chance to rest up so they could get back to what they’ve been doing best lately: selling. The Nasdaq lead the carnage today with a 3.1% loss. It’s fairly uncommon for ...
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